Markets swing over Trump’s trade threat
Exporting currencies sell off as US president dashes brief hopes of more measured approach
Trump signals strong pro-Israel stance by lifting West Bank sanctions
US president withdraws measures against extremist Jewish settlers even as dozens attack Palestinian village
US banks ‘in go-mode’, says JPMorgan executive
Wall Street bets that a lighter-touch regulatory regime under Donald Trump will spur dealmaking
Shares in world’s biggest offshore wind developer tumble as US woes deepen
Ørsted blames interest rates, supply chains and ‘market uncertainties’ for latest writedown of US business
Axel Rudakubana and the changing face of terrorism
Unclear and hard-to-categorise motives of suspects pose rising challenge for security services
Trump latest: US banks ‘in go-mode’ says JPMorgan executive
Southport attack marks ‘line in the sand’ says Starmer
British prime minister says terrorism has changed and vows to introduce tougher terror laws if necessary
Taiwan’s parliament freezes parts of military budget despite Trump risk
Incoming US president has claimed that Washington is providing ‘insurance’ for Taipei’s defence
Abrdn boss Windsor defends company name as flows turn positive
New chief executive hails ‘significant progress’ as asset manager mounts turnaround
UK employers cut jobs after Budget, official data shows
Drop in payrolled workforce comes even as wage growth accelerates
FTAV’s further reading
Populism; geoeconomic power; TikTok; work by algorithm; insomnia; Nokia; and no Trump
Do androids dream of financial crises?
Finreg by AI
Transcript: Tech in 2025 — Trump and the tech bros
Murad Ahmed talks to Joe Miller, Hannah Murphy and Stephen Morris
Trump’s trade-offs
And more on the UK discount
Europe treads carefully as Trump outlines first policy moves
Also in this newsletter: Slovakia’s premier Fico faces no-confidence vote over closeness with Russia
Panama begins audit of Hong Kong company in nod to Trump
US president says he wants to take back waterway over alleged Chinese influence
Transcript: Apple is accused of profiting from ‘blood minerals’
Josh Gabert-Doyon talks to Harry Dempsey and David Pilling
FirstFT: Trump renews tariff threats and signs barrage of orders as he takes power
Also in today’s newsletter, Biden’s last-minute pardons and Ray Dalio on UK’s ‘debt death spiral’
The world’s best house museums
Step inside the homes of some of the world’s most illustrious writers, artists and other historical personalities — and see how interiors can reveal interior lives
The inauguration, brought to you by Tesla and Amazon Prime
Plus, Telefónica chair gets ousted and Santander considers getting rid of its UK retail bank business
Saudis ramp up efforts to tap ETF investors to support Vision 2030
Public Investment Fund stumps up $200mn as seed investor in SSGA’s Europe-listed bond fund
Legal AI is reaching deep into the workplace
Technology allows companies to automate the drafting of many contracts rather than relying on lawyers
Anatomy of a jobs promise
Eye-catching boosterism about employment from new projects does not always stand up to scrutiny
Bridgewater founder Ray Dalio warns of UK ‘debt death spiral’
Sell-off in gilts since Budget suggests market balking at higher borrowing needs, says billionaire investor